If Orwell had written an allegory of capitalism, we’re sure his vision would have included Benjamin Bankes.
Jump over the original post to leave your caption for Ben’s appearance at the New York City Marathon. We’ll take submissions through the end of the day tomorrow.
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Caption Contest Reminder: Auditing Is Craptacular
Just a friendly reminder to submit your best captions for the audit room outside the ladies’ rain closet. Jump over the to the original post to submit your caption.
We’ll take submissions through the end of tomorrow, so get your team together and come up with something that will impress us. Your productivity starts waning this week anyway.
And while you’re at it, if you’re an auditor that works in ridiculous conditions, send us your pictures of your dungeon, closet, or your client-provided school desk.
SEC Promises to Suck Less Post-Madoff
It what amounts to a serious case of too little, too late, the SEC says that it will do more to protect investors in the wake of the Madoff scandal.
M. Schape and Co. would like you all (House Financial Services Committee) to know that they have been busy though. Working late. Working weekends. Working hard:
regulatory proposals include restricting short-selling in down markets, strengthening oversight of mutual funds, tightening scrutiny of investment advisers and making it easier for shareholders to seat directors on company boards. The S.E.C. is also working to identify emerging risks to investors, including so-called dark pools, or automated trading systems that do not publicly provide price quotes, Ms. Schapiro said.
See? Doesn’t that make you feel better? We’re the SEC, getting better at being less clueless since 2009.
S.E.C. Plans to Protect Investors More Post-Madoff [DealBook/NYT]
E&Y is Not One for Music Appreciation
We just received word that Pandora is blocked for Uncle Ernie’s troops. We’re thinking if BW had got ahold of this news, E&Y would have dropped out of at least the top five.
We thinks this is a strange way to wish everyone a nice holiday weekend but we understand that everyone shows love differently. Anyone else out there now working in eerie 2001-esque silence? Confirm for us or discuss in the comments.